Item 1.01 Entry into a Material Definitive Agreement



On August 7, 2022, Professional Holding Corp. (the "Company"), the parent
company of Professional Bank, entered into an Agreement and Plan of Merger (the
"Agreement") providing for the merger (the "Merger") of the Company with and
into Seacoast Banking Corporation of Florida ("SBC"), the parent company of
Seacoast National Bank ("Seacoast Bank"), and the merger of Professional Bank
with and into Seacoast Bank.

In accordance with and subject to the terms of the Agreement, upon completion of
the Merger, each share of the Company's common stock issued and outstanding
immediately prior to the Effective Time (excluding Dissenting Shares and subject
to certain adjustments set forth in the Agreement) will be converted into the
right to receive 0.8909 shares of SBC common stock. Completion of the Merger is
subject to shareholder approvals, the registration under the Securities Act of
1933, as amended, of the SBC shares to be issued in the Merger and the approval
for listing of the SBC common stock to be issued in the Merger on NASDAQ,
regulatory approvals, and other customary closing conditions and is expected to
occur in the first quarter of 2023. Capitalized terms used above have the
meanings ascribed to such terms in the Agreement.

The above description of the Agreement is qualified in its entirety by reference
to the Agreement, which is filed as an exhibit to and incorporated by reference
in this Report on Form 8-K.

An August 8, 2022 press release regarding the Agreement is filed as an exhibit to and incorporated by reference in this Report on Form 8-K.

Item 9.01 Exhibits



Exhibit No.              Description
       2.1                 Agreement and Plan of Merger, dated August 7,

2022, by and among Seacoast


                         Banking Corporation of Florida, Seacoast National

Bank, Professional Holding


                         Corp., and Professional Bank
       99.1                Press release, issued August 8, 2022
       104               Cover Page Interactive Data File (embedded within

the Inline XBRL Document)

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